The pre-sale valuation for the anticipated management buyout of Cofina Media, which holds the newspaper and TV media Correio da Manhã, CMTV, Negócios, Record, and Sábado, to a group of investors, [...]
The Portuguese group Sonae and Bankinter Consumer Finance completed a joint-venture on Thursday (November 30) which included the sale of 50% of Universo which will be held in equal parts by the [...]
The Spanish bank Abanca is now the owner of Portuguese bank Eurobic that will close 2023 with an expected record profit of just over €100 million. The bank, which was sold for €300 million, [...]
A weakening exports performance has led to the Portuguese economy falling 0.2% in Q3 of 2023, a situation that was largely offset by strong internal demand. According to the National Statistics [...]
Farfetch, the former unicorn with Portuguese DNA, has seen 50% knocked off the value of its shares over the past two days because of investor fears over a shrinking margin and accumulated debts [...]
Portugal’s budget surplus shrank by €1.062Bn to €6.215Bn because of the impact of expenditure on social benefits according to the Ministry of Finances in its budget statement for the first 10 [...]
The role of economists in a complex national and international setting Text: Chris Graeme Photos: ICPT Portugal has been plunged into a political crisis that has only rubbed salt into the wounds [...]
Portugal’s Sonae Group led by Cláudia Azevedo, has launched a €868 million takeover bid for Finland’s Musti, a listed company specialised in pet products in Finland, Sweden and Norway. Sonae has [...]
The British chemicals group Elementis is to invest €3 million in its first international centre of excellence and research and development laboratory in Portugal, which will open in the first [...]
King Street Capital Management, a company specialising in alternative investments, and Kronos Homes, an assets investor and Spanish real estate developer, have announced that they have completed [...]